How much income is considered middle class in our country?

In January 2005, the National Bureau of Statistics announced the latest survey conclusion: "60,000 yuan to 500,000 yuan, which is the family income that defines my country's urban middle-income groups (calculated based on the average family size of three people) ) standard.” In our country, “middle class” has received such a clear digital definition for the first time. The standard of "60,000 yuan - 500,000 yuan" comes from a sample survey conducted by the urban survey team of the National Bureau of Statistics. The survey lasted for more than 4 months, with 300,000 questionnaires distributed and 263,584 valid questionnaires. According to relevant personnel, the minimum labor cost to complete this survey is 6 million yuan. According to a 2003 survey by Gallup, a US polling organization, most Americans believe that a person is considered rich if his annual income reaches US$122,000. The survey also shows that only 1% of Americans classify themselves as wealthy, and 80% consider themselves to be middle class, working class, or a lower social class. (chinesenewsnet.com) Although the criteria for judging vary, from an economic perspective, families whose annual income reaches the U.S. median income (median income) but less than $100,000 are generally classified as middle class. At 2006 levels, the median household income in the United States was $48,000.

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